COBOL supports the resumption of gas purchases from Russia

The Russian Federation sells gas to Ukraine cheaper than Europe, and not to buy it, according to KOBOLEV, it is actually shot themselves in the foot.

The Chairman of the Board of Naftogaz of Ukraine Andriy KOBOLEV believes that the purchase of Russian gas is advantageous from the viewpoint of commercial logic, since the court set the price of gas purchases below the European. He said this on air of the 5th channel.

According to KOBOLEV, did not carry out the decision of the Stockholm arbitration on the contract with Gazprom is shot yourself in the foot.

“We completely canceled $ 56 billion, this revocation was not just. Because the court believes that in the future a contract exists, and half of import requirements – this is the balance between Russia and Europe, a line which held the court. Besides, he went to meet us, setting a price lower than in Europe. Accordingly, to carry out this decision from the point of view of the commercial logic is actually shot themselves in the foot,” – said KOBOLEV.

He explained that now Ukraine needs to purchase 10 billion cubic meters of gas per year. Thus according to the decision of the Tribunal the minimum volume of purchases of Russian gas should not exceed half of the annual demand of Ukraine.

“With regard to our commitments, the minimum amount that we need to take on the new contract is 4 billion cubic meters. Price on 4 and on 5 (billion cubic meters) is below the price that we receive from European destinations. From the viewpoint of commercial logic as the execution of the decision of the Tribunal, it is a must, as well and more cheap resource of gas, which is so often we say … and call … it is the decision of purchase is both logical and mandatory,” – said KOBOLEV.

Head of the NJSC Naftogaz of Ukraine also said that the gas price for the population could decrease if the state will increase its own production.

We will remind, the NJSC Naftogaz of Ukraine from the end of 2015 to supply gas from Russia. According to the decision of the Stockholm arbitration, Ukraine should resume the supply of minimum volumes of gas from Russia in accordance with the contract clause “take or pay”.

KOBOLEV previously stated that an increase in gas production in Ukraine, which has already begun to happen, will help to reduce the price of gas for the population.